Although the chassis and engine survived the shock, Team Principal Guenther Steiner told reporters that “the cost is still very high because all the suspension is finished, except for the front left. I think there is still something. The rest is like powder, powder carbon.” .
“I don’t know the money yet but these cars, between the gearbox, the whole chassis are gone, the radiator…between half a million to a million (dollars),” Steiner added.
He was airlifted to hospital, but was released the same day after an initial assessment concluded that he had no injuries.
As a result of the accident, Haas sent only one car at the Grand Prix in Saudi Arabia.
Despite the setback, Haas, who finished last season without a single point, started 2022 on a strong note.
The team is currently in fifth place in the constructors’ championship after Kevin Magnussen finished fifth and ninth in the Bahrain and Saudi races, respectively. Schumacher did not score a point after the first two races of the season.
The added costs from the meltdown will not yet affect the team’s budget cap, set by F1 regulations.
“There is a token amount [set aside]Steiner said according to Autosport, ‘But in a racing team, you can never stick to your budget as in normal business because you have that risk. ”
“Obviously you got an emergency there. But if you have two or three like this: too fast, there is no longer any possibility of the emergency.
“It’s a loss. So you just need to manage. Obviously, I hope we don’t have too many of them.”
Steiner confirmed to Channel 4 News that two cars will be running at the upcoming Grand Prix, in Melbourne, Australia on April 10.